Asset Management One Co. Ltd. grew its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 436,182 shares of the company’s stock after purchasing an additional 14,176 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.14% of Hilton Worldwide worth $30,291,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in HLT. State Street Corp increased its position in shares of Hilton Worldwide by 141.6% during the 2nd quarter. State Street Corp now owns 7,865,113 shares of the company’s stock valued at $486,454,000 after purchasing an additional 4,609,697 shares during the last quarter. Vanguard Group Inc. grew its position in Hilton Worldwide by 46.3% during the 2nd quarter. Vanguard Group Inc. now owns 13,600,970 shares of the company’s stock worth $841,220,000 after acquiring an additional 4,302,706 shares during the last quarter. JPMorgan Chase & Co. grew its position in Hilton Worldwide by 19.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,725,143 shares of the company’s stock worth $882,616,000 after acquiring an additional 2,035,463 shares during the last quarter. BlackRock Inc. grew its position in Hilton Worldwide by 13.7% during the 2nd quarter. BlackRock Inc. now owns 12,048,689 shares of the company’s stock worth $745,212,000 after acquiring an additional 1,448,078 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Hilton Worldwide by 49.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,478,949 shares of the company’s stock worth $215,173,000 after acquiring an additional 1,152,164 shares during the last quarter. Hedge funds and other institutional investors own 99.20% of the company’s stock.

Several equities analysts recently issued reports on HLT shares. SunTrust Banks restated a “buy” rating and set a $67.00 price target on shares of Hilton Worldwide in a research report on Tuesday, October 17th. Zacks Investment Research upgraded Hilton Worldwide from a “hold” rating to a “buy” rating and set a $77.00 price target on the stock in a research report on Wednesday, September 27th. Royal Bank Of Canada restated a “buy” rating and set a $70.00 price target on shares of Hilton Worldwide in a research report on Friday, September 22nd. Robert W. Baird restated a “buy” rating and set a $78.00 price target on shares of Hilton Worldwide in a research report on Friday, October 27th. Finally, Goldman Sachs Group lowered Hilton Worldwide from a “conviction-buy” rating to a “buy” rating and set a $80.00 price target on the stock. in a research report on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $72.47.

Hilton Worldwide Holdings Inc. (NYSE:HLT) traded up $1.10 during midday trading on Monday, reaching $78.38. The company’s stock had a trading volume of 2,142,500 shares, compared to its average volume of 2,641,240. Hilton Worldwide Holdings Inc. has a 1-year low of $52.80 and a 1-year high of $78.62. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 4.53. The stock has a market cap of $25,077.79, a PE ratio of 36.29, a P/E/G ratio of 8.24 and a beta of 1.33.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Thursday, October 26th. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.06. Hilton Worldwide had a return on equity of 27.32% and a net margin of 0.33%. The business had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter last year, the business posted $0.41 EPS. The business’s revenue was up 7.0% on a year-over-year basis. equities analysts forecast that Hilton Worldwide Holdings Inc. will post 1.9 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, November 17th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.77%. The ex-dividend date of this dividend is Thursday, November 16th. Hilton Worldwide’s dividend payout ratio (DPR) is currently 545.45%.

Hilton Worldwide declared that its board has approved a share buyback plan on Thursday, November 16th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

In other news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of the firm’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $69.11, for a total value of $1,077,851,654.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.50% of the company’s stock.

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Hilton Worldwide Profile

Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.